Interesting post. I don’t know the set ups you traded on the GBP-JPY and USD-JPY pairs.
Trading is about controlling yourself. No one can control the markets. They do what they do and we as traders try to pick up a few pips here and there as they are doing it.
I don’t know what you risked on your trades either, but here are some questions you could ask yourself before taking any trade. They help you to stay in control and take the emotional side of the game away. If you answer ‘YES’ to them all, then take the trade. ‘NO’ to any of them, no trade. Look elsewhere for a set up.
1 - Is this a valid trade set up? YES or NO? If YES then…
2 - What is my risk to find out if this set up will work, and can I afford to take that risk? If YES then…
3 - Is the potential reward on the trade equal to or greater than my risk? If YES then the most important question is…
4 - Am I comfortable ACCEPTING the risk? YES?
If you feel uneasy, take a smaller position size that you are happier with, then
TAKE THE TRADE - SET AND FORGET.
Once you ‘PRESS THE BUY OR SELL’ button, have no regrets or second thoughts.
The trade will work or it won’t. There are no guarantees in this game on a single trade set up. The road to consistency lies in thinking over multiple trades and judging performance over those many trades.
Hope this helps amigo.